GDP Constant Prices in Philippines increased to 4450941.41 PHP Million in the first quarter of 2020 from 2654444 PHP Million in the fourth quarter of 2019.

GDP Constant Prices in Philippines averaged 1115431.36 PHP Million from 1981 until 2020, reaching an all time high of 4450941.41 PHP Million in the first quarter of 2020 and a record low of 487413.68 PHP Million in the third quarter of 1985. This page provides - Philippines GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines GDP Constant Prices - values, historical data and charts - was last updated on May of 2020. source: National Statistics Office of Philippines

GDP Constant Prices in Philippines is expected to be 2493000.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Philippines to stand at 2784512.00 in 12 months time. In the long-term, the Philippines GDP Constant Prices is projected to trend around 2906409.00 PHP Million in 2021 and 3092419.00 PHP Million in 2022, according to our econometric models.

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Philippines GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
4450941.41 2654444.00 4450941.41 487413.68 1981 - 2020 PHP Million Quarterly
Constant Prices, NSA

Philippines GDP Last Previous Highest Lowest Unit
GDP Growth Rate -5.10 1.80 3.40 -5.10 percent [+]
GDP Annual Growth Rate -0.20 6.70 12.40 -11.10 percent [+]
GDP 355.50 330.91 355.50 4.40 USD Billion [+]
GDP Constant Prices 4450941.41 2654444.00 4450941.41 487413.68 PHP Million [+]
Gross National Product 5166622.67 2975936.04 5166622.67 944320.00 PHP Million [+]
Gross Fixed Capital Formation 1072932.66 762295.69 1072932.66 163357.69 PHP Million [+]
GDP per capita 3022.00 2884.40 3022.00 1059.50 USD [+]
GDP per capita PPP 7942.50 7580.80 7942.50 3800.10 USD [+]
GDP From Agriculture 185007.00 139918.00 185007.00 114778.44 PHP Million [+]
GDP From Construction 625980.07 302777.00 625980.07 85502.67 PHP Million [+]
GDP From Manufacturing 877543.97 622014.00 877543.97 252377.26 PHP Million [+]
GDP From Mining 35248.70 19734.00 35248.70 10394.10 PHP Million [+]
GDP From Public Administration 190728.67 125406.00 190728.67 43289.41 PHP Million [+]
GDP From Services 1515057.00 1404048.00 1515057.00 675416.60 PHP Million [+]
GDP From Transport 68310.82 67804.54 84765.58 34827.71 PHP Million [+]
GDP From Utilities 136407.28 76382.00 136407.28 42117.43 PHP Million [+]